Cape Girardeau Fair Market Rent FY 2018 Cape Girardeau, MO-IL MSA Rental Data

Fair Market Rent prices in Cape Girardeau are average compared to the national average. This FMR area is more expensive than 56% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cape Girardeau is $703 per month.

The previous year, rent for a two-bedroom home was $735 per month. This is a 4.35% decrease year-over-year.

This FMR rate applies to Gipsy, MO, Burfordville, MO, Sturdivant, MO, Old Appleton, MO, Unity, IL, Gordonville, MO, Daisy, MO, Miller City, IL, Delta, MO, Dutchtown, MO and other cities within the region. The Metro Code or CBSA code for this region is METRO16020M16020.

Additionally, This Fair Market Rent (FMR) area Cape Girardeau, MO-IL MSA spans three counties or cities in Illinois and Missouri which ares listed in the table below. Estimated population of Cape Girardeau, MO-IL MSA FMR area is 96,275 people based on 2010 Census data.

Compared to the rest of Illinois, the Cape Girardeau FMR area is more expensive than 77% of the state.

Median Rent Prices in Cape Girardeau

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: